Concerning the improvement of the pension system

Belarus President Alexander Lukashenko
signed Decree No. 137 “Concerning the improvement of the pension system” on 11
April.

The document aims to improve the
pension system in the changing social and demographic conditions. In accordance
with the decree, starting from 1 January 2017 the standard pension age will be
gradually increased by six months every year until it reaches 63 years for men
and 58 years for women; there will be the same increase in the retirement age
(by three years during the period of six years) for those entitled to
preferential, long-service and military pensions.

In line with the decree, heads of organizations regardless of the
form of ownership are recommended to encourage employers and employees to take
part in voluntary pension insurance programs.

Please see the Russian version of this site for
the full text of the Decree.